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Case Studies

Suburban Detroit- 160,000 Square Foot Upscale Anchor Department Store
2009 Proposed Value was $13,762,620 or $86 per foot. Appealed to the Michigan Tax Tribunal and the value was reduced to $9,546,674 or $60 per foot. Annual tax savings-$101,183 per year.don barnhill associates property tax consultants

Atlanta – 154,000 Square Foot Upscale Anchor Department Store
2008 Proposed Value was $39,125,700 or $254 per foot. Appealed to Board of Tax Assessor’s. Negotiated new value of $10,500,000 or $68.18 per foot. Annual tax savings-$504,098 per year.

Atlanta – 177,000 Square Foot Anchor Department Store
2008 Proposed Value was $43,553,400 or $246 per foot. Property was appealed by another consultant to Board of Tax Assessor’s. Prior consultant had negotiated value down to $17,516,400 or $98.96 per foot for an interim tax savings of $427,010. Don Barnhill Associates advised against accepting offer and negotiated final value of $13,000,000 or $73.45 per foot for an additional savings-$76,000 per year.

Dallas - 175,000 Square foot Upscale Anchor Department Store
2008 Proposed Value was $11,018,230 or $62.96 Property was appealed to the Appraisal Review Board. Prior to formal hearing a negotiated settlement was reached. Final value was $8,405,320 or $48.03 per foot. Annual tax savings-$65,564 per year.

Miami – 77,400 Square foot Movie Theater
2007 Proposed Value was $13,857,547 or $179 per square foot. Property was appealed to the Value Adjustment Board. Value was reduced to $6,366,615 or $82 per foot. Annual tax savings-$133,527 per year.don barnhill associates property tax consultants

2005-2007 Troy Michigan Anchor Department Store Personal Property
Outside auditing firm had conducted audit and notified client of three years of increased assessment resulting in total back taxes of $105,327. Don Barnhill Associates successfully argued ghost asset assessment issue by using benchmark studies to prove assets could not physically be in store. The final determination was a removal of all audit increases and a tax savings-$105,327